Agricultural Product Derivatives - Qatar

Qatar

The nominal value in the Agricultural Product Derivatives market is projected to reach US$10.18bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.35% resulting in a projected total amount of US$13.21bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.06 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$12,320.00bn in 2024).
In the Agricultural Product Derivatives market, the number of contracts is expected to amount to 174.00k by 2029.

Market

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Analyst Opinion

The Agricultural Product Derivatives market in Qatar is experiencing a notable shift in recent times.

Customer preferences: Customers in Qatar are showing a growing interest in Agricultural Product Derivatives as a way to diversify their investment portfolios and hedge against market volatility. The ease of trading and potential for high returns are attracting both individual and institutional investors to this market.

Trends in the market: One of the significant trends in the Agricultural Product Derivatives market in Qatar is the increasing adoption of technology for trading. Online trading platforms and mobile applications have made it more convenient for investors to participate in the market. Additionally, there is a rising demand for derivatives linked to specific agricultural products that are of importance to the Qatari economy.

Local special circumstances: Qatar's unique geographic location and limited arable land make it heavily dependent on food imports. This reliance on imported agricultural products creates a special circumstance where any disruptions in the global supply chain can have a direct impact on the country's economy. As a result, there is a growing interest in Agricultural Product Derivatives as a risk management tool to mitigate the impact of such disruptions.

Underlying macroeconomic factors: The macroeconomic stability and strategic initiatives taken by the Qatari government to diversify the economy are also influencing the Agricultural Product Derivatives market. As the country aims to reduce its dependence on oil and gas revenues, there is a push towards developing other sectors, including agriculture. This diversification drive is creating opportunities for investors in the Agricultural Product Derivatives market as they look to capitalize on the potential growth in the sector.

Methodology

Data coverage:

Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.

Additional Notes:

The market is updated twice per year in case market dynamics change.